£556,505
This estimated value is based upon the latest sale price for the house of £450,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Odeon Parade, Well Hall Road, London, SE9 6BZ
Phone: 02036419347
| Price Paid | Date |
|---|---|
| £450,000 | 5 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £450,000 results in an estimated price of approximately £556,505.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £450,000 | £106,505 | £556,505 |
The Postcode Pricing Model uses changes in average sales price within the SE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 65.556 % | £295,002 | £745,002 |
| 3 Month Average | 29.169 % | £131,258 | £581,258 |
| 6 Month Average | 28.490 % | £128,206 | £578,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £432,569 | £425,000 | 406 WELL HALL ROAD |
| 1 Dec 2023 | £305,342 | £300,000 | 29 MARTIN BOWES ROAD |
| 29 Nov 2023 | £548,115 | £540,000 | 107 CONGREVE ROAD |
| 1 Sep 2023 | £455,828 | £450,000 | 183 WELL HALL ROAD |
| 24 Aug 2023 | £544,766 | £540,000 | 324 WELL HALL ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Dec 2018. Using an estimated price of £556,506 means this house is valued at £6,547 per sq meter (£608 per sq foot).
The average size of a house on MAUDSLAY ROAD is 84 sq meters (911 sq feet).